It is is a decade since I bought my house in Aughton. Conveyancing lawyers have recently been retained on the sale but I can't locate my title documents. Will this jeopardise the sale?
You need not be too concerned. First there is a possibility that the deeds will be with your mortgage company or they may be in the possession of the lawyers who handled the purchase. Secondly the chances are that the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors procuring up to date copy of the land registers. Nearly all conveyancing in Aughton involves registered property but in the rare situation where your home is not registered it is more of a problem but is resolvable.
I am buying a garden flat in Aughton. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Aughton you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Aughton.
five months have elapsed since my purchase conveyancing in Aughton concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I decided to have a survey done on a house in Aughton before retaining lawyers. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some banks tend refuse to issue a mortgage on such a home.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Nationwide. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Aughton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Aughton to see if the conveyancing will be more expensive.
I was pointed in your direction by a number of property agents in Aughton to choose a solicitor on your site. What’s the financial upside for Estate Agents to offer your site rather than another?
We refuse to make any financial incentive for directing people to this site. We thought it would be too underhand to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.